SGV’s Financial Services Organization and Climate Change and Sustainability Services (CCaSS) teams held a webinar on Sustainable Finance last 15 September 2021. Over 650 participants from the banking and financial services industry were present at the event.
Sustainable Finance webinar speakers
Assurance Partner and Banking Capital Markets Leader Janeth Nunez-Javier (JNJ) gave the opening remarks, where she discussed how financial institutions are focusing on climate change and sustainability not just because of regulatory requirements but due to the increasing demand from various stakeholders. She also noted that more awareness is still needed for organizations to integrate climate, environmental and social risks into their governance, capital assessment and risk management systems and practices.
Supervisory Policy and Research Development (SPRD) Financial Supervision Sector (FSS) Deputy Director Rhodora Brazil-de Vera of the Bangko Sentral ng Pilipinas (BSP) discussed updates and the initiatives of the BSP on sustainable finance. This was followed by a discussion on ASEAN developments, and the challenges and trends that will affect financial services in the region, from EY Singapore Financial Services Business Consulting Partner Wolfram Hedrich. SGV Assurance – CCaSS Senior Director Katrina Francisco discussed sustainable finance products and their impact. The Environmental and Social Risk Management System (ESRMS) roadmap for sustainable finance was also discussed during the session.
Financial Services Consulting Partner and Government & Public Sector Leader Christian G. Lauron delivered the closing remarks. CCaSS Partner Benjamin N. Villacorte (BNV) moderated the event and Assurance–Financial Services Senior Director Glenda C. Anisco-Nino served as the host during the session and provided relevant materials for the webinar. The logistics team was led by FSO Senior Director Mary Catherine M. Biliran.